Transworld has been in business 35 years strong with over 500 brokers in 32 states.
York County, NE
With 250 maintenance agreements, this HVAC company has been serving customers for nearly 60 years. This business provides sales, installation and service of heating, air conditioning and air quality/handling systems for home, office and other usable spaces. They are .n authorized dealer for a well-recognized manufacturer. The current client base is 50% residential and 50% commercial, providing diversity of sales income. The 2014 Gross Sales were $904,811 and the Profit margin for that year was 26%. Products and services are available to clients within a 45 mile radius of the office, which is west of Lincoln, NE. Assets included with a purchase of the business equal $583,449. The business has an established website, a social media presence on Facebook and Twitter, maintains a blog on WordPress and utilizes newspaper advertising, reaching out to customers on a variety of platforms. The Owner’s current responsibilities include bidding and office management and Owner’s spouse handles install billing, rebate, warranty and newsletter. The full staff includes 2 service techs, 1 installer and 1 office person who handles marketing, service billing and accounts receivable and payable. Using the funding example above and assuming a two year average Cash Flow of $210,303, a Buyer could retain $132,628 as net profit even after servicing the loan payments. The loan is fully collateralized with the current equipment and vehicles. Year Established: 1957; Current Owner since 1994 Location and Service Area: Eastern side of Nebraska, just west of Lincoln, NE, serving customers county-wide within a 45 mile radius Client Demographics: 50% residential/50% commercial; 250 maintenance agreement customers Employees: 2 service techs, 1 installer, 1 office (marketing, AR, AP and service billing and could assume work of Owner’s spouse – install billing, warranty, rebate, newsletter) Seller Training Period: 90 Days Current Owner’s Responsibilities: Bidding and office management Financial Overview Gross Sales 2015: $914,786 (Annualized) 2014: $904,811 2013: $833,306 Growth: $71,505 increase in sales from 2013 to 2014 Owner Profit/Cash Flow 2015: $306,201 (Annualized) 2014: $239,449 2013: $181,158 Profit Margin: 26% Fair Market Value: $588,848 A $108,848 discount on the Fair Market Value was given due to geographical region. Assets Included in Purchase $583,449 Equipment: $100,481 Vehicles: $344,873 Furniture and Fixtures: $28,348 Inventory: $70,539 A/R: $39,207 *Amounts may vary* Funding Example Purchase Price: $480,000 10% Buyer Down Payment: $48,000 15% Seller Financing: $72,000 75% Bank Loan: $360,000 Bank Loan is fully collateralized by equipment and vehicles.
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